Airbnb Q1 2024 GAAP EPS $0.41 Beats $0.22 Estimate
Portfolio Pulse from Benzinga Newsdesk
Airbnb reported Q1 2024 GAAP EPS of $0.41, surpassing the analyst consensus estimate of $0.22 by 86.36% and marking a 127.78% increase from the same period last year.
May 08, 2024 | 8:06 pm
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POSITIVE IMPACT
Airbnb's Q1 2024 earnings significantly exceeded analyst expectations, with a GAAP EPS of $0.41 compared to the estimated $0.22, and showed a strong year-over-year growth.
The substantial beat on both the analyst consensus estimate and the year-over-year growth in earnings per share (EPS) indicates strong financial health and operational efficiency. This performance is likely to instill confidence in investors, potentially leading to a positive short-term impact on Airbnb's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100